Citi Secured

Citi Secured

They cashed my check. Last time I applied for this I was still in my BK and they declined me for that. I'm hoping this time I can get my foot back in the door with them... but either way done applying. also decided to just sit tight on my car refi and let some of these inq fall off and my scores up more.

Re: Citi Secured

Couldn't wait anymore, called the application line which said it needed further processing and transferred me to what sounded like a call center outside the US... He placed me on hold for over 10 minutes and then... Transferred me again... then was informed it takes 2-3 weeks to process, check back late next week. sigh

Re: Citi Secured

This is the first card I got and it did take quite a while for them to process the application but they did cash the check really quick. If you are good to this card i am told it will eventually unsecure however it doesn't just judge what your history is with them they judge you on your credit reports and they hard pull them again 18 months after you get the card and then once a year like clock work until they unsecure it. They do it without asking so I would keep that in mind in the future when you are watching inquiries when you go to app for something

Re: Citi Secured

In my rebuilding quest, a Citibank card and an Amex are the holy grails. Don't ask me why. Although I'd love a citibank secured card since they declined me for their Forward card, I'm starting to wonder what's the point of the Citibank secured card. Judging from the information above, there's no guarantee it will graduate to unsecured if your credit isn't good enough. What's more, in 18 months time you can easily have rebuilt your credit enough to apply for a Citibank card on your own accord. There's also the question of whether you had a citibank card closed on you in the past on bad terms or even borderline terms. if thats the case, you are definitely blacklisted. They automatically put restrictions on you whenever you apply for any card. That no fee secured Addison Ave Visa is looking better all the time. Even if it doesnt graduate, I'm sure a credit union will be more willing to work with me by that time with my new credit scores.

Re: Citi Secured

I want citi because yes in 18 months I could probably have good enough credit for other cards, but are they going to be with the banks I want that are going to give CLI like Citi is known for.

I'm currently only building 2 cards, BestBuy MC which I would consider subprime and a Toyota Visa which I would consider prime but they put a block on my account for CLI for the first 12 months so rather be running all my money through a citi card or say a capital one card

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IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.